Cryptocurrency Q&A
Is Braintrust a DAO?
Is Braintrust a DAO?
JejuSunrise
Sun Aug 04 2024
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6 answers
1290
Excuse me, but could you clarify if Braintrust is, in fact, a Decentralized Autonomous Organization (DAO)? I'm curious to know if it operates under a similar model where decisions are made collectively by its members, and if it utilizes smart contracts on a blockchain to enforce rules and facilitate transactions. It would be greatly appreciated if you could elaborate on this aspect of Braintrust's structure and operations.
6 answers
GinsengBoostPower
Tue Aug 06 2024
The Fee Converter is an integral part of the Braintrust ecosystem, enabling seamless conversions of payments into BTRST tokens.
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Lorenzo
Tue Aug 06 2024
Once the conversion is complete, the BTRST tokens are immediately directed to the Braintrust DAO, where they serve a crucial purpose.
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HallyuHeroLegendaryStar
Tue Aug 06 2024
The Braintrust DAO utilizes these BTRST tokens to fund various community programs, aimed at fostering growth and engagement within the Braintrust community.
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SamuraiWarriorSoul
Tue Aug 06 2024
One of the key programs funded by BTRST is the referral rewards program, which incentivizes users to invite others to join the Braintrust platform.
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mia_clark_teacher
Mon Aug 05 2024
Additionally, the Braintrust DAO also provides grants to community members who contribute to the growth and development of the Braintrust ecosystem.
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